ENXTAM:ASMSemiconductor
ASM International (ENXTAM:ASM) Stock Slides Despite Record Cash Flow And Margins
ASM International stock has been under pressure for weeks, with the share price down roughly 26% over the past month, yet the latest quarter reads more like a flex than a stumble. Q2 revenue landed at €1.0b and basic earnings per share reached €5.83, while gross margin held at a high 51.9% in a capital intensive sector.
For a company often treated as a pure artificial intelligence beneficiary, the real story in this earnings print is profit quality. Investors now have to weigh a rich recent...